Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for GSX TECHEDU INC (GSX) for the 12-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. GSX was recently trading at $120.76 and has an implied volatility of 171.88% for this period. Based on an analysis of the options available for GSX expiring on 12-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $84.89-$120.77 at expiration. In this scenario, the average linear return for the trade would be 83.18%. Big -15.37% Change: After closing the last trading session at $142.70, GSX TECHEDU INC opened today at $116.82 and has reached a low of $111.35. Trade approach: A movement as big as -15.37% is a significantly bearish indicator, so this trade is designed to be profitable if GSX maintains its current direction and does not revert back to pricing on the bullish side of $120.76 on 12-Feb-2021. If possible, the trade has been padded such that slight movement against the trade would still return a profit. Upside potential: Using this bearish strategy, the trade would be profitable if GSX TECHEDU INC closes at or below $126.20 on 12-Feb-2021. Based on our risk-neutral analysis, there is a 54.97% likelihood of this return. Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment. To analyze this trade in depth, please visit the Quantcha Options Search Engine.